Home Buying Tips: Making An Offer In A Competitive Market (2020)

It's tough out there for homebuyers in competitive markets such as Columbus. I'm getting lots of questions from buyers about bidding wars. So, I wanted to share strategies for writing an offer in a competitive market. ?http://bit.ly/competitive-market It's a Seller's Market in Columbus, Ohio, and it will likely remain so for some time. This is because we are in a long trend of low supply and high demand for housing in the Columbus area. (Our market reports have more details on this: http://bit.ly/cbus-market-reports). This is especially the case for homes under $300k that are move-in ready. The high demand for these homes comes from first-time homebuyers, downsizers, investors, and people relocating to Columbus. These groups of buyers find themselves putting in offers on the same homes because there simply aren't enough homes to meet the high demand. Finding yourself in a bidding war is stressful, and if you love the home, losing can be heartbreaking. It's especially difficult if you keep losing to investors who have piles of cash and can close quickly. I've helped many buyers successfully navigate stressful bidding wars and WIN their dream home, so I know what it takes. As the buyer, you must be prepared, be strategic, and be patient. If you're not, you decrease your odds of winning the house. If you lose, you have to learn from the experience and use it to increase your odds of success the next time you make an offer on a home. You might even find something better and be glad you didn't win that first house. In this video, I share actionable tips for homebuyers in this competitive market. Find out how to Make An Offer that beats out the competition to WIN Your Dream Home! Read more on our blog and get my guide "15 Ways To WIN Your Dream Home." It's packed with high-level strategies that will make your offer stand out so the home seller picks you! ?http://bit.ly/competitive-market Have a question about buying a home in Columbus, Ohio? Leave a comment, or call/text me at 614-547-3229. I'm always happy to help, and your question may be the topic of my next video!